Metal stocks tumbled on Friday on global growth concerns. The renewed volatility metal shares are being blamed on concerns that global growth, especially in Asia and Europe, is faltering. Weaker growth could reduce demand for industrial metals.
Weak data from Germany, and predictions earlier in the week from the IMF that global growth would be weaker than expected, have undermined investors' confidence.
Symbol | LTP | Chng | % Chng |
CNX METAL | 2,756.50 | -110.35 | -3.85 |
JINDALSTEL | 155.7 | -10 | -6.04 |
SSLT | 248.8 | -13.05 | -4.98 |
HINDALCO | 150.75 | -7.1 | -4.5 |
NMDC | 153.45 | -7.15 | -4.45 |
JSWSTEEL | 1,159.65 | -53.75 | -4.43 |
TATASTEEL | 449.3 | -18.25 | -3.9 |
JINDALSAW | 80 | -3 | -3.61 |
HINDCOPPER | 77.95 | -1.95 | -2.44 |
ORISSAMINE | 3,411.00 | -84 | -2.4 |
COALINDIA | 336.3 | -7.05 | -2.05 |
BHUSANSTL | 106.5 | -1.9 | -1.75 |
GMDCLTD | 146 | -1.75 | -1.18 |
NATIONALUM | 59.05 | -0.7 | -1.17 |
MOIL | 283 | -2.8 | -0.98 |
SAIL | 73.45 | -0.1 | -0.14 |